small cars

Auto industry sales jumped 6 percent in March with almost 1.4 million new cars and trucks sold — the highest number since 2008, according to new reports released Tuesday amid Detroit’s $200 million deficit. Gwen Ifill and David Shepardson of The Detroit News discuss what’s behind the continued surge in sales. Continue reading →

The Ford Motor Co. on Thursday posted a second-quarter loss of $8.7 billion, due mostly to the declining value of its SUV and pickup truck lines, and announced a plan to overhaul its North American production to focus on small cars. Continue reading →